Pivot Tables Can Be Used to Create ________

question 13

Multiple Choice

Pivot tables can be used to create ________.

• A)dot-scale diagrams.
• B)box-and-whisker plots.
• C)cross-tabulations for categorical data.
• D)scatter plots.

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Definitions:

Direct Labor-hours

The total hours of labor directly involved in the manufacturing process of a product.

Labor Rate Variance

It is the difference between the actual cost of labor and the budgeted or expected cost of labor.

Standard Cost System

A standard cost system is a method of cost accounting that uses estimated costs for materials, labor, and overheads to compare against actual costs incurred, facilitating variance analysis and budgeting.

Actual Results

The real outcomes or data achieved at the end of a specified period, measured against planned or forecasted figures.